I have a problem and would love to hear some opinions on this.
Here is the scenario: a $1.5M tax exposure (net profits on sale of property) and a lack of desire to pay Uncle S. and CA 50% of that ($750k).

So the ques...

I mailed 500 yellow letters to out of state property owners.  The mailer should have arrived in mailboxes around 3-4 days ago.  So far I have received 2 call from the mailer.  I used a standard yellow letter.  No modi...

I've been looking into ways of getting into real estate by doing short sales with banks as my first avenue to get started. I guess I would be considered a "bird dog." This would be to get me started. The whole fore...

Greeting fellow BPs.My name is Tommy Nguyen from San Diego, CA. Have been a long time lurker here but finally decided to post and participate.A little bit about myself. Currently working as an engineer in a biotech co...

I know this may be a weird question to ask on a real estate forum (Im thinking the vast majority of responses will be pro real estate), but I wanted to get some different perspectives from the BP community.  I current...

One of the tenants in my Triplex consistently pays rent late each month, the latest date paid so far has been the 11th of the month, the tenant adds to the fire by being impossible to reach, doesn't respond to calls o...

I have recently restarted to look for a property with a new realtor.

I asked the Realtor to put in two offers for me.

One was 80% of the asking price of an IndyMac owned house that was listed for 196,000

The other ...

I often hear wholesalers discuss the legality and ethics of whether or not you are brokering a deal.  So then wouldn't it make better sense to partner with your buyer/flipper.  I see one negative in that you don't get...

Not really treading any new ground here, but interesting read in the WSJ this morning.  http://www.wsj.com/articles/surge-in-commercial-re...We've got a number of clients active in South Florida (Miami) and they (and ...